Havells P/B Ratio
Havells (HAVELLS) P/B ratio is 7.41 (High), book value per share ₹1503.02 vs Consumer Goods average P/B of -2.5 — Very High - Significant premium, high growth expectations or speculative. Explore HAVELLS investment value to estimate fundamental worth using multiple valuation models.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HAVELLS P/B Ratio — Valuation Insights & Book Value Analysis
Havells price-to-book ratio interpretation, valuation status and historical context — current P/B 7.41 (High). For live price, earnings yield and the full fundamental profile, see Havells share price today.
- Stock appears overvalued with PB of 7.41, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 550.0% above historical average
- Trading at premium to sector average PB of -2.5
Havells P/B Ratio Historical Trend
HAVELLS annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Read HAVELLS dividend yield for the complete payout history and dividend yield track record.
HAVELLS Historical P/B Ratio — Book Value Per Share & Year-End Price
Havells annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.75 | ₹1503.02 | ₹1132.40 | ₹9,469 | Low |
| 2025 | 1.08 | ₹1323.97 | ₹1424.90 | ₹8,341 | Moderate |
| 2024 | 1.42 | ₹1182.06 | ₹1675.10 | ₹7,447 | Moderate |
| 2023 | 1.3 | ₹1051.75 | ₹1367.95 | ₹6,626 | Moderate |
| 2022 | 1.15 | ₹952.86 | ₹1099.95 | ₹6,003 | Moderate |
HAVELLS vs Consumer Goods Peers — P/B Ratio Comparison
Havells P/B 7.41 vs Consumer Goods average -2.5, median 0.12 — range -45.28–0.41.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rahul Merchandising | TACENT | -45.28 | ₹13 | Low |
| Oswal Overseas | OSWALOR | -38.1 | ₹181 | Low |
| Sarup Industries | SARUPINDUS | -15.52 | ₹38 | Low |
| Ceenik Exports | CEENIK | -8.35 | ₹99 | Low |
| Golden Carpets | GOLCA | -4.11 | ₹8 | Low |
| Restile Ceramics | RESTILE | -2.26 | ₹78 | Low |
| Karan Woo-Sin | KARANWO | -2.18 | ₹7 | Low |
| Sharp | SHARP | -2.08 | ₹296 | Low |
| Cityman | CITYMAN | -2.02 | ₹14 | Low |
| Atlas Cycle (Haryana) | ATLASCYCLE | -1.88 | ₹60 | Low |